IGM Financial (IGIFF) to Release Earnings on Thursday

IGM Financial (OTCMKTS:IGIFF) is projected to release its results before the market opens on Thursday, February 12th. Analysts expect IGM Financial to post earnings of $0.8560 per share and revenue of $692.3010 million for the quarter.

IGM Financial Stock Performance

Shares of OTCMKTS IGIFF opened at $49.13 on Thursday. The firm has a 50 day moving average price of $45.49 and a two-hundred day moving average price of $39.76. IGM Financial has a 52-week low of $25.75 and a 52-week high of $49.79.

Wall Street Analyst Weigh In

IGIFF has been the subject of a number of recent research reports. Royal Bank Of Canada restated a “sector perform” rating on shares of IGM Financial in a report on Monday, November 10th. National Bankshares reissued an “outperform” rating on shares of IGM Financial in a research note on Monday, October 27th. Scotiabank restated a “sector perform” rating on shares of IGM Financial in a research report on Friday, January 30th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of IGM Financial in a report on Monday, January 26th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

IGM Financial Company Profile

IGM Financial Inc is a Canada-based wealth and asset management company that provides a range of financial planning and investment solutions to individual and institutional clients. Through its wholly owned subsidiaries—IG Wealth Management, Mackenzie Investments, and Investment Planning Counsel—the firm offers advisory services, mutual funds, segregated funds, and a suite of managed portfolio solutions designed to meet diverse investor needs. IGM’s business model centers on delivering fee-based and commission-based products through a network of financial advisors and distribution partners across Canada.

The company’s flagship arm, IG Wealth Management, operates one of the largest financial advisor networks in the country, offering advice on retirement planning, tax strategies, estate and legacy planning, and insurance products.